Mr. Speaker, the chief actuary has already stated that because previous governments going back a decade did not take proper action on the CPP, by the year 2030 if nothing is done, the premiums might well have to rise to 14 per cent or 15 per cent. It is precisely to avoid that tremendous burden which would be placed on payrolls that this government has taken early action. While there will be an increase in such premiums, it will not be of the kind projected by the chief actuary.
On the earlier point, I apologize to the hon. member for comparing our policies to his, but every time we do it we look so good it is very hard to resist.